How to overcome a company crisis

03/12/2012

In this article Franco Carlo Papa (Chairman of PGS Consulenti) examines the approaches and steps required for overcoming a company crisis, stressing in particular the need for a change of mindset on the part of all those involved: banks need to move away from the “simple lender” model while entrepreneurs need to abandon their exclusive focus on profits. This would benefit both companies and society, creating a virtuous circle contributing to economic development. Indeed, recovery processes are company selection processes. The case of Xilopan is then examined as a positive example of the arguments put forward.

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